Cannabis Science Inc (OTCMKTS:CBIS) has been making several efforts to ensure it enhances its financial position. It recently acquired the expert services of Derwin A. Wallace to help the company with its key financial and investor relations. The veteran aims to work on an effective financial and investor relations program that would expand financial communications and key messages throughout the institutional and retail investors.
The program would take the services of expert research analysts to work on a strong connection with the Cannabis Science’s shareholders and update them with recent developments. The expectations are that it would speed up results from key individual projects and rapidly generate operational cash flow, at a time when the need arises.
There are several projects designed by Cannabis Science, in the pipeline. The expectations are that increasing public awareness about ongoing and planned projects would assist the company earn the trust of its shareholders and investors. Also, keeping the investors updated through official releases would indicate that the company can deliver strong performances in the market. The company has increased its revenue projections, in anticipation of strong growth linked with these projects. The company confirmed that it is just scratching the alternatives of the potential sources of growth that it anticipates to experience in the coming days.
Cannabis Science Inc (OTCMKTS:CBIS) had also participated in the Premier Global Cannabis Event where it showcased its line of products to potential customers. It reported that there is increasing customer interest in its products in Europe. It can help the company to pursue its future projects better. As of now, the main objective of the company is to raise capital between $5 million and $25 million to carry out its anticipated projects. The product successes might help the company to make enough revenue to extend its customer base into Europe.